Shamzan Retail Management
Shamzan Retail Management
Group Members
Shamzan BBHM-F16-215
Heem BBHM-F16-175
Submitted to:
Sir Ahmed Bilal
Date of Submission:
02-05-2020
Class: BBA-8C
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TABLE OF CONTENTS
01 Acknowledgment 03
02 Contents Summary
Store Introduction 04
Store Location 05
Store Management 09
Inventory Management 09
Store Administration 11
Security Prevention 12
05 Store Readiness 19
07 Store Administration 23
08 Hiring Process 24
09 Store Security 26
10 Cash Management 27
11 Customer Services 28
12 Store Audit 30
Acknowledgement
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In the name of ALLAH who is most Beneficent and Merciful Who gave us the strength and
opportunity to complete this Project.
In performing our project we had to take help and guidelines from some respected persons, who
earn our more thanks. We would like special thanks to Ms. Suman (relationship manager) for
providing us valuable information.
In addition, we must thanks to our Respected Professor MR. AHMED BELAL who introduces
the methodology of work, and provide us a great opportunity to develop our skills.
Executive Summary
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TCS Courier Company has been working since 1983, serving customers from across the globe.
TCS are very concerned with customers. They are the leader of market and provide best services
to their customers across the boundaries in very short span. They have launched many services
for their customers. As the company’s performance objective is speed and quality.
Company Name
Company logo
Store Introduction
Khalid Nawaz Awan is the founder and chairman of TCS, started his career as a mechanical
engineer furthermore he entered in the business in 1982 following his older brother Sadiq Awan
who started a joint venture in Pakistan with Global Air Express giant DHL named as DHL
private Ltd. After seeing the continued growth in business they delinked both the companies by
identifying the independent need of a company at domestic and international level. Thus, in 1991
Khalid Awan who served that joint venture as managing director of TCS and DHL Pakistan
under the chairmanship of Saidq Awan took the TSC as chairman and M.D of TCS after the
evaluation TCS in Pakistan he also established TCS in U.K (1989) UAE (1996) and Canada
(1999).
1983:
In 1983, TCS was founded in Pakistan with 12 stations and 25 bookings on the 1st day.
1985:
Country wide network expansion to over 100 locations to meet Pakistan banking council need in
1985.
1989:
1990:
1991:
Bid for first private airline license in collaboration with British Airways.
1993-1996:
1997-98:
2001-02:
UK- Expansion.
2003:
2004:
Octara Launched.
2005:
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2006:
2006-07:
2007:
2009:
2011:
2012:
Soft launched the E-business division and TCS connect E-market place
2014:
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TCS holding (PVT) LTD. Formed for vesting ownership of TCS Group of Companies in
Pakistan.
2015:
Launch of yayvo.
2016:
Signed a strategic alliance with UPS, the world’s largest parcel delivery and logistics Services
Company
Because the First Pakistani company to qualify for the Transport Internationaux Routiers (TIR)
license
2019
Retail outlets are the visage of any company. At TCS our main focus is on customer satisfaction.
Over 430 conveniently located Express Centers, backed by over 225 satellite-tracked delivery
vehicles and dedicated couriers astride motorbikes, extend the TCS outreach throughout the
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length and breadth of the country, making it one of the most recognizable brands in Pakistan.
With its distinctive logo and corporate color, the TCS retail environment is an ideal mix of
tasteful decor, competence, and hospitality geared to optimizing customer experience.
The number of computerized TCS Express Centers that are open 24/7 has been on the rise
ensuring an enabling environment, much to our valued customer’s delight. TCS service standards
are maintained through support teams comprising of Retail Team Leaders and Mobile
Maintenance. At TCS, we not only serve our customers by selling in house services, we also
have widened our service horizon by contributing in admission process of reputed Universities,
which shows that our metro-geographical presence and highly efficient trained staff is
contributing as a responsible national entity to serve Pakistani institutes and citizens.
Store Location Decision and Reasoning
Store located at “Thokar Niaz Baig” because it’s the main area office
Store Management
Store management is concern with receiving materials and to protect them from damage. It is
related with the issuance of material in right quantity at right time
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It contains proper and up to date record of all material received and issued
Stocking, stacking and preservation of material
Issue shall be done as per FIFO system that material has been procured first will be used
up first
Any material is not allowed to go in or out of the store with a gate pass with stamp of
manager retail admin and supplies
Centralized store is that store which receives materials for and issues them to all departments,
divisions and production floors of the company. Such a store is only one in the company which
receives materials for and issues to all who need them. The materials required for all the
departments and branches are stored and issued by only one store.
Inventory Management
Inventory management is a complex process, especially for larger companies, but the basics are
essentially the same regardless of the company’s size or type. In larger companies, goods are
first placed in the receiving area of a warehouse in the form of raw materials or components, and
then put into stock areas or shelves. While in smaller companies, the goods may go directly to
the stock area instead of a receiving location. The following are the main benefits of an inventory
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management system that are also the reasons why many companies decided to switch to the
automated solution.
Centralized Storage
The more stock locations you have to manage, the more difficult it becomes to manage orders
and track the stock availability. With an inventory management system, you are able to find out
the availability of your items and find their location in just seconds, even if they are put in
different warehouses or stores. You can also process orders and track couriers through the same
system.
Stock Control
Stock control (or inventory control) is an effort carried out by a company in providing stock
items needed to meet consumer demand. An inventory management system allows you to keep
up with your stock availability and ensure it is always at an adequate level. The system gives a
notification when the inventory is running low so you can immediately re-order.
Increased Efficiency
Improved Productivity
Minimized Costs
An inventory management system keep retail TCS away from financial losses due to human
errors, excessive stock storage, unnecessary purchases, late deliveries, and so on. With a
centralized and integrated system, TCS don’t need to spend extra money on additional systems to
manage your inventory. The Main Features of an Inventory Management System
Regardless of the provider, here are some of the main features that you should look for in an
inventory management system.
Stock Management
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This feature helps users to monitor stock movements from one location to another. When the
goods come out of a warehouse or store, this feature will automatically reduce the amount of
stock held (inventory on hand).
Procurement Management
With this feature, users can set the minimum amount of stock and turn on the notification that
will notify if the inventory has reached the specified minimum level. They can then immediately
re-order to the supplier.
Supplier Management
This feature serves to store all complete information related to suppliers. With this feature, users
can easily find the supplier they want to contact and compare quotations from one supplier to
another.
Barcode Scanning
This is one of the most desired features, especially by those engaged in retail and wholesale this
feature allows creating barcodes automatically, thus speeding up the labeling process. A good
inventory management system provides integration with barcode scanners.
Store Administration
Security prevention
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Store prevention plan means more than sticking a few surveillance cameras in the ceiling. Your
stores need a top-down, strategic focus on loss prevention if you’re going to have a real effect on
inventory losses.
Identifying suspicious activity, watching cameras, conducted physical security checks to inspect
employees' personal property ensuring that prohibited items are not brought into building.
Operations Approval
Digitize time consuming tasks
Automate key business process
Personalize customers experience
Integrated real and digital worlds
Optimize merchandising
Optimize work force
Project Team
Running a project team meeting. (You can read more about what this looks like in
our guide to project meetings
Phone call with a stakeholder to update them on progress.
Writing or reviewing project management docs (including your plan, trackers, risk
management documents).
Writing update papers or briefing packs for governance meetings.
Visiting stores to observe the operation and collect data or feedback
Merchandise team:-
Retail merchandising covers everything from how you visually arrange your merchandise to the
traffic patterns in your store, how you display items to promote add-on sales
When it comes to selling one of the most important aspects is finding the best courier service to
grow your business. You need to ensure that you provide a positive shipping experience in order
to enjoy more business growth and success. Fortunately, once your customers are content with
the delivery of their items, you’re more likely to enjoy an increase in repeat sales and be able to
build a better reputation that can result in more first-time sales
Competition study
Top competitors
12,000+
Leopards over 7000
M&P 1001-5000 employees
DHL 500 employees
A courier company competitor’s comparison checklist to help you find the best courier service to
support your business and build better relationships with your customers. The checklist covers
some of the key areas you can consider when drawing comparisons between couriers are;
1. Speed of delivery
2. Size and weight limitations
3. Proof of delivery
4. Customer service
5. Cost to value
6. Courier insurance
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Area of Store
HR
Opening Procedure
Manager and crew should arrive 30 minutes prior to opening to allow enough
time to prepare for the start of the day.
If there is any tampering inside or outside the store, do not enter – remain
where you are and call the police.
Do not open the store alone. Two or more associates must be present before the
door is unlocked.
Do a visual check of doors, windows, and aisles to be sure nothing was
disturbed
Turn on lights necessary for sales floor preparation.
Walk the floor to inspect housekeeping and use store evaluation checklist
Open safe, remove cash register tills
Set up cash registers for opening cashiers.
Turn on computer+
Turn on air conditioning system.
Start creating a daily task list
Assign cleaning/restocking/merchandising duties.
Prepare lunch and break schedules.
Activate any working displays and turn on any televisions.
Put up any sale signs needed for the start of a new sale.
If a promotion ended the previous day, take down all related signs
Closing Procedure
Do not extinguish or dim any lights until all customers have left the building
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Do not close the last register until after scheduled closing and all customers
have exited the store
Always answer the phone, even when it rings after closing
Never exit through the rear of a store
Ensure all parking lots and exits have adequate lighting and that all bulbs are lit
and functioning.
Restock and recovery
Assign closing and cleaning duties.
Lock any non-essential perimeter doors.
Clean and restock restrooms
Walk the floor and restroom for any remaining customers.
Retrieve all shopping carts from outside and inside the store and place in front
of store (inside).
Bring all products from sidewalks and outside selling areas into the store.
Lock all perimeter doors, including main entrance and exit doors. The exit door
should remain locked, with a supervisor or other responsible employee
remaining at the door and letting customers out and relocking the door after
each exit.
Departing employees should also be observed, ensuring that no unpaid
merchandise is carried out.
Dust the floors and mop when necessary
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3. Store Readiness
Merchandise Display
Each product is tagged
Products are displayed in shelves
Separate shelves are made for every product i.e. Red boxes, Flyers, stationary etc
Promotional Aisle
Here is the sentiments are displayed that are needed to be promoted on the events or festivals
Freestanding Displays
Special Discount offers regarding the products is displayed in the form of percentage
Cash Wraps
There are cash wraps from which cash is collected by the operations department at the end of the
day and next day the cash is deposited into the concerned bank
Walls
Branding of the products and TCS
Windows
Tags and brand related stuff displayed on windows as well
Store Visual Merchandising
Signage Check List
Yes
Standard Signage
Yes
Signage Placement
Displayed in offices and express centers as well in Urdu and English
Where visual display is prominent on an average height
POD Signage
Yes
POS Signage
Yes
Display and Removal of Signage
A specific email is generated for displaying an removing signage from office and express centers
No old material is displayed after closing a specific promotional event signage are
removed promptly
VM Fixtures
Visual merchandising fixtures are displayed for floor planning display
Floor Plan & Displays
While making the floor plan display decision following things is considered;
Geographic location
Size of the building and length of the walkways accessible from the entrance and exit
Use of furniture and exterior space
Color of paint (Red and white)
Choice of exterior building materials
Design of the physical entrance and exterior window displays
4. Store merchandise handling
Packaging
Labeling
Boxes and stationary items are provided by vendors in head office Karachi
IT items
Requisition request to the store, supervisor check the demand and their usage either they are
using equally to their new requested demand
By checking the demand list, either they are matching with our demand list
Merchandise is return from the customer to retailer and retailer to the wholesaler. The manner in
which is conducted on the number of factors such as whether the returns are delivered in person
or ship.
Planograms Implementation
5. Store administration
Admin task related checklist Check list for Maintenance Check list for Housekeeping and
Cleanliness
Retail Management provides only Frontline staff for example booking centers employee
Operations for Courier and Staff
Scale of Scrap
Admin department held an auction in which scrap and other assets like AC, LEDS, furniture and
fixtures and other office machineries,
Workers must perform all work following safe work practices and safe job procedures. Workers
must maintain good housekeeping. No fighting or horseplay is permitted at the workplace. No
theft or vandalism will be tolerated at the workplace.
Insurance – Building and Infrastructure, Inventory and Cash (In store and Banking)
Store Staffing
TCS have motivated people for the quality work
They have trained staff to do the task efficiently
They build up in their staff to work in a team to achieve maximum number of objectives
Honesty requires for this
6. Hiring Process – Interview, Selection and Hiring
Staff on Boarding
Staff on boarding is often done through training presentations or remotely through videos.
Employee orientations sessions as they are often called usually include information about the
brand the values of company how or why the company is started up the first place
They issues staff cards, references cards and medical cards
Job Description and KSA
TCS are responsible distributing packages and documents for institutions, business, government
agencies and individuals. They pick up documents and package from customers office or houses
and then deliver them to final destinations with the same area.
Employee Related Policies
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Employee Benefits
Provident fund
Insurance cards
Allowances( incentives on sales)
Staff Transfer and Resignation
Staff transfers in TCS in totally dependent on Manager. The Manager can shift on daily
basis or by the rule of TCS can transfer fortnightly.
Resignation can be accepted in both conditions
Prior Notice
24 Hours’ Notice
Staff scheduling shift timings
There are 2 shifts in TCS
8AMto 4AM
4AM to 11AM
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Video Surveillance
Handling Shoplifts
Legal department solved all the legal issues for example signage board issue
TCS have no policy for counterfeit Notes. Booking staff has to pay to main cashier
CCTV
All the main offices and express centers are secured with CCTV
Electronic Article Surveillance
No center is secured by electronic article surveillance
8. Cash Management
Store Back Office Cash Procedures & Store Front End Cash Procedures
Store back office cash basically link from our retail Express center. By the end of day operations
pick up Vans collect cash from all retail EC and deposit it to the main office accounts
department. Furthermore, cashier tally the sale from system and sale report reconcile them and
then deposit the cash next day in bank.
Cash Refunds
Yayvo.com refunds the items in seven days and return cash through jazzcash
Firstly they have removed from their end. After it, express center’s manager supervises this entry
to check its record.
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TCS Sentiments Express is a personalized, high valued gift delivery service offering a wide
array of gifts from gourmet cakes, floral bouquets, ethnic sweets, to various other elegantly
wrapped gifts, delivered with a personalized greeting card in Pakistan.
9. Customer Services
Policy and guidelines for Stock Return & Exchange from Customer
Yayvo.com redefines the online shopping experience for customers with its 7-day return-no
questions asked policy, along with a simple and easy-to-use interface. Customers can call, chat
or order online directly from any device having internet connectivity
Complaints Handling
TCS is always willing to listen the complaints and claims of their customers. . TCS provide
security in against to lost things. Percentage of return varies according to nature of things
Student express
Overnight express
Queries can be answer through TCS courier helpline or by visiting their website
TCS runs loyalty programs for key customers on a quarterly basis and also sends some gifts
annually and/or on special occasions.
VOC is the research and consumer insights department at TCS that defines its prime focus as
enhancing customer satisfaction. The key purpose is to stay connected to customers and promote
a two-way communication with them
Staff
3 members are in store for record keeping and issuance. Staff is well trained and qualified for
store keeping
Stock Audit Policies
Internal audit to checks
Using FIFO method to consume products
The expiry of boxes
Customer Services
VOC is the research and consumer insights department at TCS that defines its prime focus as
enhancing customer satisfaction. The key purpose is to stay connected to customers and promote
a two-way communication with them
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Cleanliness
Daily basis cleanup the floor
After loading and unloading the floor cleans up by sweeper
Loss Prevention and Audit Polices
There is no loss in store of TCS
11. Store Operation Process
Stock Inward Process
Direct Store Delivery (DSD)
Return to Vender (RTV)
To Vendor
Head office return goods to vendor
To DC
Express center returns to customers in form of cash through jazzcash
Loss Prevention Arrangement Review
Store Policies and Procedures for Security
By CCTV
Security Guard duty 24/7
Floor and Shelf Management
Fixture Display Change (Planogram Change) Request Process
Planogram changes are in TCS
Divided in sections
Boxes are in one sections and flyers and envelops are in other section
Customer Return Process
Store Sales – Return
On store sales just cash refund by jazzcash
Online Sales – Return
Online sales will be return through replace the product or refund the money
Catalogue Sales – Return
Sentiments departments deals it
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Father’s day
Mother’s day
Eid celebrations
Christmas celebrations
Or on many occasionally
Within initial Return Policy
Time duration is within 3 to 4 working days
Sales of Services Process
AMC
Gift Coupons/Gift Vouchers
Event based coupons are available in TCS
Promotion Launch Readiness
Sentiment activities are held in TCS. They can promote their activities by flexs and banners
In Stock – Stock Transfer Process
Through proper channel
Issuance report made from supervisor
Store Promotion Initiation Process
Flyers, banners website promotions
Multichannel Order Management
-Online Sales Delivery
TCS has only one home service with the name of TCS HAZIR
-Catalogue Sales Delivery
Sentiments sales or occasionally sales
12.Retail Operation Procedures
Emergency Procedure
Fire Extinguisher
Police Number
Rescue Number
Fire Exit
Robbery, theft vandalism
Cash are insured
TCS allows its member not to resist
Injury and Illness
Firstly treated in center by first aid box
If injury is serious then take to them in hospital
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Provide disaster training for your team at least once a year, and whenever you hire a new
employee.
Hold regular drills to test your plan and conduct monthly checks of your security and fire
systems and emergency supplies.
Violent customers
Be kind and don’t argue
Listen and try to understand
Stay Calm
Find a solution
Ask them to leave
Evacuation Procedures
Safely stop your work
Leave the building through nearest door with an exit sign
Report to the designated assembly area
Wait for emergency instructor
Alarms, Lock and Keys
Security team have keys and nobody have other key to move in TCS
Non one is allowed to enter in TCS until security team will disconnect the alarm